PPP Loan information for Medical business bureau

$285,872

Medical business bureau was initially approved for PPP Loan of amount $285,872, the current approved amount is $285,872. The loan was approved on 04/06/2020 by The Itasca Bank & Trust Co. reported 25 jobs and $285,872 was used to fund payroll.

Medical business bureau is Existing or more than 2 years old

MEDICAL BUSINESS BUREAU

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MEDICAL BUSINESS BUREAU

Borrower Address

1460 RENAISSANCE DR, #400

Borrower City

PARK RIDGE

Borrower State

IL

Borrower Zip

60068-1331

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285872.00

Current Approval Amount

285872.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RIDGE

Project County Name

COOK

Project State

IL

Project Zip

60068-1331

CD

IL-05

Jobs Reported

25

NAICS Code

561440

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1200.00

Payroll Proceed

272672.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

288651.31

Forgiveness Date

03/29/2021

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